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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
VSINGHKSE:08292 -0.68%33 Return-on-Tangible-Equity is -473.10% as of Dec. 2025. GuruFocus rates HKSE:08292 with a GF Score™ of 33/100 and a GF Value™ of HK$0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 864 Media - Diversified companies, VSING ranks worse than 97.8% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. VSING's annualized net income for the quarter that ended in Dec. 2025 was HK$-273.4 Mil. VSING's average shareholder tangible equity for the quarter that ended in Dec. 2025 was HK$57.8 Mil. Therefore, VSING's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -473.10%.
The historical rank and industry rank for VSING's Return-on-Tangible-Equity or its related term are showing as below:
HKSE:08292'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -285.56 Med: -15.56 Max: -0.02
Current: -266.61
During the past 12 years, VSING's highest Return-on-Tangible-Equity was -0.02%. The lowest was -285.56%. And the median was -15.56%.
HKSE:08292's Return-on-Tangible-Equity is ranked worse than 97.8% of 864
companies
in the Media - Diversified industry
Industry Median: 5.05
vs HKSE:08292: -266.61
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
VSING Return-on-Tangible-Equity Related Terms
VSING Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for VSING's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKSE:08292 vs NFLX, DIS, WBD: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, VSING's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
VSING Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, VSING's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where VSING's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -473.10% mean?
VSING (HKSE:08292) has a Return-on-Tangible-Equity of -473.10% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on VSING and its competitors. According to the industry distribution chart, VSING ranks #845 out of 864 companies in the Media - Diversified industry, placing it in the top 97.8%.
Is VSING's Return-on-Tangible-Equity too high?
VSING's current Return-on-Tangible-Equity is -473.10%. Based on the distribution chart, VSING ranks #845 out of 864 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, VSING has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VSING's Return-on-Tangible-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, VSING ranks #845 out of 864 companies for Return-on-Tangible-Equity. This places VSING in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.05, based on 864 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on VSING and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSING's current Return-on-Tangible-Equity is -473.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSING stock overvalued right now?
Based on GuruFocus' analysis, VSING (HKSE:08292) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.07, compared to a current price of HK$0.15 — trading 110% above its estimated fair value. The current Return-on-Tangible-Equity is -473.10%. VSING's overall GF Score™ is 33/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For VSING (HKSE:08292), the current Return-on-Tangible-Equity is -473.10% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is VSING (HKSE:08292) Overvalued in 2026?
Based on GuruFocus' analysis, VSING stock appears to be overvalued.
The current stock price of HK$0.15 is trading 110% above its estimated GF Value™ of HK$0.07.
GuruFocus considers VSING to be Significantly Overvalued.
Key valuation signals for HKSE:08292:
Return-on-Tangible-Equity: -473.10%
GF Value™: HK$0.07 vs. price of HK$0.15 (110% above fair value)
No single metric tells the full story. See the HKSE:08292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VSING Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in providing international freight forwarding and logistics services, with a primary focus on air/ sea freight forwarding and related services, trucking and warehousing to customers across various countries, manufacturing and sale of plastic products in Vietnam and trading of used mobile phones. Its reportable segments are: Interactive entertainment technology platform and software business, Freight forwarding and related services, Trading of used mobile phones, and Manufacturing and sale of plastic products. The majority of the company's revenue is derived from the trading of used mobile phones segment. Geographically, key revenue is derived from Malaysia, and the rest from Vietnam and the PRC.
33GF Score
Get the complete analysis for HKSE:08292
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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